Similar Stories to Costly Ems Tax Might Be Coming Down The Pike In Fort Lauderdale on Bing News

Fort Lauderdale might start charging a new tax that would bring in tens of millions to help cover the cost of ocean rescue and emergency medical services. The tax would come to $456.78 for a home with a taxable value of $590,000, according to current estimates. The higher the value of the home or commercial property, the higher the tax. Commissioners got details about the possible new tax from an outside consultant on Tuesday. If Fort Lauderdale moves forward with the plan, the tax would show up on property tax bills as soon as 2026. The tax would apply not only to single-family homes, but to all properties currently taxed in Fort Lauderdale, said Peter Napoli, a senior manager with Stantec Consulting. Napoli had a dire warning for the commission, saying the city can expect a growing shortfall over the coming years if drastic measures are not taken. The city will face a deficit of $4.7 million in 2026; a deficit of $35.4 million in 2027; $39.4 million in 2028; $52.9 million in 2029; and $45.3 million in 2030, Napoli said.

BING NEWS:
  • Fort Lauderdale considers new tax to help pay for EMS, Ocean Rescue
    For centuries, women known as Ama divers have collected seafood off the coast of the Kii Peninsula without the use of breathing equipment. CNN meets some of the women carrying on this tradition. Are ...
    12/18/2024 - 11:56 pm | View Link
  • Costly EMS tax might be coming down the pike in Fort Lauderdale
    The tax would come to $456.78 for a home with a taxable value of $590,000, according to current estimates. The higher the value of the home or commercial property, the higher the tax.
    12/18/2024 - 10:34 am | View Link
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